New Work SE (FRA:NWO) Cash-to-Debt : 1.75 (As of Dec. 2023)

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What is New Work SE Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. New Work SE's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.75.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, New Work SE could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for New Work SE's Cash-to-Debt or its related term are showing as below:

FRA:NWO' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.07 Med: 3.04 Max: No Debt
Current: 1.75

During the past 13 years, New Work SE's highest Cash to Debt Ratio was No Debt. The lowest was 1.07. And the median was 3.04.

FRA:NWO's Cash-to-Debt is ranked worse than
63.82% of 586 companies
in the Interactive Media industry
Industry Median: 4.69 vs FRA:NWO: 1.75

New Work SE Cash-to-Debt Historical Data

The historical data trend for New Work SE's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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New Work SE Cash-to-Debt Chart

New Work SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.96

1.07

1.38

1.64

1.75

New Work SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.64	1.97	1.45	1.72	1.75

Competitive Comparison of New Work SE's Cash-to-Debt

For the Internet Content & Information subindustry, New Work SE's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

New Work SE's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, New Work SE's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where New Work SE's Cash-to-Debt falls into.

New Work SE Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

New Work SE's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	93.077	/	(4.833	+	48.254)
	=	1.75

New Work SE's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	93.077	/	(4.833	+	48.254)
	=	1.75

New Work SE (FRA:NWO) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

New Work SE Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of New Work SE's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

New Work SE (FRA:NWO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » New Work SE (FRA:NWO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0OR4:UK NWO:Germany

Address

Am Strandkai 1, Hamburg, DEU, 20457

Website

https://www.new-work.se

New Work SE is a German technology company offering online business platforms for professionals to network and share ideas, and jobs opportunities, among others. The company organizes itself into three business segments: B2C, B2B e-recruiting and B2B marketing solutions. The B2C segment serves the members of social networking websites such as kunnu.com or xing.com to network with professionals and find suitable jobs, the B2B e-recruiting segment serves customers who want to access the talent pool, B2B marketing solutions & events cater to advertising and events clients, and the kunnu International segment includes business activities outside Germany, Austria and Switzerland. The B2B e-recruiting segments generate the majority of the company's revenue.

New Work SE (FRA:NWO) Headlines

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